Core Viewpoint - Morgan Stanley's wealth management division is under investigation by multiple regulators regarding its client identity verification and monitoring practices [1][1][1] Regulatory Involvement - The investigation involves the Securities and Exchange Commission, the Office of the Comptroller of the Currency, and other offices within the Treasury Department [1][1][1] Key Issues Under Investigation - The main focus is on whether Morgan Stanley has adequately investigated the identities of prospective clients and the sources of their wealth [1][1][1] - Additional scrutiny is directed towards the bank's monitoring of financial activities, particularly concerning international clients [1][1][1] Market Reaction - Following the news, Morgan Stanley's shares experienced a decline of 4.5% on Thursday [1][1][1]

Core Insights - Wall Street analysts expect Morgan Stanley to report quarterly earnings of $1.69 per share, reflecting a year-over-year decline of 0.6% [1] - Revenues are anticipated to be $14.47 billion, down 0.3% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Estimates - 'Net revenues- Investment Management' are projected to be $1.41 billion, indicating a year-over-year increase of 9.1% [2] - 'Net revenues- Institutional Securities' are expected to reach $6.38 billion, reflecting a year-over-year decline of 6.1% [2] - 'Revenues- Wealth Management- Net interest income' is estimated at $1.84 billion, down 15% from the prior-year quarter [2] Key Metrics - 'Revenues- Institutional securities- Investment banking- Underwriting' is forecasted at $741.89 million, showing a year-over-year increase of 21.8% [3] - 'Book value per common share' is expected to be $53.22, down from $55.13 in the same quarter last year [3] - 'Return on average common equity' is projected to be 12.0%, compared to 12.4% a year ago [3] Assets and Ratios - 'Wealth Management - Total client assets' is likely to reach $5,104.90 billion, up from $4,558 billion in the same quarter last year [3] - 'Total assets under management' is estimated at $1,459.92 billion, compared to $1,362 billion a year ago [3] - 'Assets under management - Fixed income' is expected to be $173.15 billion, slightly down from $175 billion last year [4] - 'Assets under management - Equity' is projected at $294.72 billion, up from $277 billion in the same quarter last year [4] - The consensus estimate for 'Tier 1 Leverage Ratio' is 6.8%, compared to 6.7% last year [4] - 'Tier 1 Capital Ratio' is expected to be 17.2%, slightly up from 17% a year ago [4] Stock Performance - Shares of Morgan Stanley have increased by 2.6% in the past month, outperforming the Zacks S&P 500 composite, which moved up by 0.8% [4]

Wall Street expects a year-over-year decline in earnings on lower revenues when Morgan Stanley (MS) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 16, 2024, might help the stock move higher if these key numbers are better than expect ...

Morgan Stanley (MS) ended the recent trading session at $93, demonstrating a +0.31% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.Prior to today's trading, shares of the investment bank had gained 4.02% over the past month. This has outpaced the Finance sector's gain of 2.37% and the S&P 500's gain of 1.5% in that time.The investment commun ...

The latest trading session saw Morgan Stanley (MS) ending at $91.95, denoting a -1.55% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.14%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq added 0.17%.Shares of the investment bank have appreciated by 8.79% over the course of the past month, outperforming the Finance sector's gain of 4.92% and the S&P 500's gain of 5.34%.Analysts and investors alike will be keeping a close eye on the performan ...

Morgan Stanley (MS) closed the most recent trading day at $87.96, moving -0.48% from the previous trading session. This move lagged the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The the stock of investment bank has risen by 2.17% in the past month, lagging the Finance sector's gain of 2.48% and overreaching the S&P 500's gain of 1.76%.Analysts and investors alike will be keeping a close eye on the performance of ...

The Morgan Stanley digital sign is seen at the company's Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016.Morgan Stanley promoted a tech executive in its wealth management division to become the bank's first head of firmwide artificial intelligence, CNBC has learned.The bank is elevating Jeff McMillan, a veteran of the New York-based bank, to help guide its implementation of AI across the firm, according to a memo sent Thursday from co-presidents Andy Saperstein and Dan Simkowitz.Last y ...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley today announced the third cohort of winners of its Alliance for Children’s Mental Health Innovation Awards, an initiative that aims to fund and advance transformative mental healthcare solutions for children and young adults across the U.S. From nearly 750 applications, five organizations have been chosen for their inventive and scalable solutions for improving children’s mental health. Each organization will be awarded $100,000 to expand their programming, recei ...

Morgan Stanley (NYSE:MS) Annual Morgan Stanley European Financials Conference Transcript March 13, 2024 7:00 AM ET Executives Dan Simkowitz - Co-President Analysts Unidentified Analyst Thanks everyone for coming to this session with our very own Dan Simkowitz, Co-President of Morgan Stanley. Thanks for being here, Dan, in our 20th anniversary of the European Financials Conference. Before we start with the Q&A, I’ve got to read a disclaimer. The discussions may include forward-looking statements which reflec ...

Morgan Stanley (MS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this investment bank have returned +0.6% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Financial - Investment Bank industry, to which Morgan Stanley belongs, has gained 6% over this period. Now the key question is: Where could the stock be headed in the ...